James Minorchio

James Minorchio

Fox Rothschild LLP

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IRS Says Business Meals Remain Deductible, But Cannot Be ‘Lavish’ Or Mixed With Entertainment Costs

Resolving widespread confusion, the IRS this month issued important guidance that clarifies when a meal or drinks will be allowed as a deductible business expense following the changes made by the Tax Cuts and Jobs Act. The...more

10/23/2018  /  Business Expenses , Business Taxes , Comment Period , Corporate Counsel , IRS , Tax Cuts and Jobs Act , Tax Deductions , Tax Reform
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